GoldStone extends, amends standstill agreement on gold loan
By Josh White
Date: Tuesday 30 Dec 2025
(Sharecast News) - GoldStone Resources announced on Tuesday that it has agreed to extend and amend the standstill arrangements on its existing gold loan, providing it with additional near-term financial flexibility as it seeks to optimise cash flow at its Homase mine.
The AIM-traded miner said it had reached agreement with Asian Investment Management Services on revised terms to the standstill agreement originally entered into in December 2023 in relation to the gold loan put in place in June 2020.
Under the amended arrangements, the maturity date of the gold loan was extended by one year from 31 December 2025 to 31 December 2026.
In addition, interest payments on the loan were frozen for a six-month period to 30 June 2026, temporarily easing cash outflows.
GoldStone said the changes were intended to support working capital requirements and allow the business to benefit from a higher gold price environment while continuing to stabilise operations.
"We appreciate the continued support from AIMS," said chief executive Emma Priestley.
"The extension of the gold loan maturity and the temporary deferral of interest payments provides additional flexibility as we focus on stabilising existing operations and progressing the company's broader development plans."
At 1548 GMT, shares in Goldstone Resources were up 1.85% at 0.56p.
Reporting by Josh White for Sharecast.com.
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